Felicia Tan was quoted in BT: “Liquidated Robinsons owner’s priority claims paid in full; unsecured claims get 3.295% on the dollar”

TSMP Law Corporation partner Felicia Tan was quoted in a Business Times article on Robinson’s liquidation published on 1 July 2021. She commented on how much creditors can expect to receive from the liquidation.

She said “These days, you’ll be lucky to get anything between twenty and thirty cents on a dollar, it is that bad. A lot of the actual cases average from eight cents to 15 cents to 20 cents. In a liquidation process, the company has almost no funds.”

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